DeFi’s ‘unknown and unpredictable’ risks curb institutional use — Fireblocks VP

According to Nigeria's securities regulator, Binance is neither registered nor regulated in the country, making its operations illegal. 483 Total views 14 Total shares It has been a tough week for cryptocurrency exchange Binance. On June 9, Nigeria's securities authority reportedly deemed the exchange illegal, just days after Binance was sued by the U.S. Securities…

Markus Thielen of Singapore asset manager IDEG believes ETH could be headed for a consolidation phase, turning "cautious" on the cryptocurrency. 1016 Total views 16 Total shares After a surge in Ethereum (ETH) prices last week, the cryptocurrency may now be treading in a consolidation phase, says asset management firm IDEG’s chief investment officer. In a…

After selling nearly 700,000 GBTC shares over the past month, ARK’s Next Generation Internet ETF still holds 4.3 million GBTC shares worth $131.8 million. 125 Total views 1 Total shares Cathie Wood’s investment firm ARK Invest has sold 700,000 shares of the Grayscale Bitcoin Trust (GBTC) over the past month, even as Bitcoin (BTC) hit

Execs from Immutable X and Microsoft appear to have hinted that the software giant could also be teaming up with GameStop for NFT games. 516 Total views 5 Total shares The stock price of popular video game store chain GameStop (GME) surged roughly 13% in one day amid rumors circulating online regarding a partnership with…

Monday, June 10 — The top 20 cryptocurrencies on CoinMarketCap are showing mixed signals, with bitcoin (BTC) back over the $8,000 price mark after seeing a dip under $7,900 on June 8.Market visualization from Coin360As of press time, bitcoin is up 2.18% on the day to trade at around $8,029. The leading cryptocurrency started the…

While nothing is assured in politics, the Labour Party has a commanding lead in the polls just six weeks away from the general election.

A clutch CPI beat fails to buoy heavy crypto markets for long, with Bitcoin gaining then losing $1,000 within an hour.

Bitcoin (BTC) briefly broke above $25,000 on Aug. 15, but the excitement lasted less than an hour and was followed by a 5% retrace in the next five hours. The resistance level proved to be tougher than expected but may have given bulls false hope for the upcoming $335 million weekly options expiry.Investors’ fleeting optimism…

Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.Read on to discover why almost half of the liquidity providers on Uniswap v3 are losing capital due to impermanent loss.What you’re about to read is the smaller version of this newsletter. For the full breakdown of DeFi’s developments over the last week, subscribe below.Acala wins…